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(CGNX) Cognex Corporation complete technical analysis [charts+indicators] | Buy/Sell Cognex Corporation | (CGNX) share price targets

Complete technical analysis of Cognex Corporation (CGNX) by charts plus indicators, forecast predictions and share price targets for Cognex Corporation (CGNX)

Cognex Corporation trades in USA in Capital Goods sector.

Showing technical analysis as on 2024-09-05 View latest technical analysis

10 day averaged volume of Cognex Corporation is 1332590

Date	Daily Closing Price	Open	High	Low	Volume
05 Thu Sep 2024	38.89	38.51	39.12	38.45	0.607 times
04 Wed Sep 2024	38.65	38.03	38.98	37.92	0.734 times
03 Tue Sep 2024	38.26	39.83	40.24	37.98	0.686 times
30 Fri Aug 2024	40.38	40.47	40.80	40.08	1.873 times
30 Fri Aug 2024	40.38	40.47	40.80	40.08	1.873 times
29 Thu Aug 2024	40.00	39.10	40.31	38.97	1.177 times
28 Wed Aug 2024	38.79	38.96	39.38	38.49	0.554 times
27 Tue Aug 2024	39.26	39.23	39.52	38.83	0.575 times
26 Mon Aug 2024	39.53	39.77	40.23	39.49	0.907 times
23 Fri Aug 2024	39.69	39.02	39.90	38.79	0.86 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 38.6 as stoploss in an intra day buy trade for a target of 39.25. However, stock will show a bearish move below 38.6.

Share price targets for Cognex Corporation (CGNX)

Target Type	Value
Downside Target	35.25
Downside Target	37.92
Upside Target	39.94
Upside Target	40.80
Upside Target	42.04
Upside Target	46.21
Upside Target	46.50
Upside Target	48.03
Upside Target	48.74
Upside Target	53.13

Intraday share price targets for Cognex Corporation (CGNX)

Target Type	Value
Downside Intraday Target	37.79
Downside Intraday Target	36.7
Upside Intraday Target	40.11
Upside Intraday Target	41.34
Upside Intraday Target	39.02

Weekly technical analysis of Cognex Corporation (CGNX)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Thu Sep 2024	38.89	39.83	40.24	37.92	1.082 times
30 Fri Aug 2024	40.38	40.47	40.80	40.08	0.368 times
30 Fri Aug 2024	40.38	39.77	40.80	38.49	1.252 times
23 Fri Aug 2024	39.69	39.59	40.09	38.64	1.182 times
16 Fri Aug 2024	39.46	39.00	39.94	38.35	0.589 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Cognex Corporation (CGNX)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Thu Sep 2024	38.89	39.83	40.24	37.92	0.076 times
30 Fri Aug 2024	40.38	46.00	46.50	35.25	1.486 times
31 Wed Jul 2024	49.62	47.00	53.13	46.21	1.104 times
28 Fri Jun 2024	46.76	45.63	48.03	42.04	0.875 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Cognex Corporation (CGNX)

Price action analysis of Cognex Corporation ( (CGNX) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Cognex Corporation ( (CGNX) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Cognex Corporation ( (CGNX) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Cognex Corporation stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Cognex Corporation in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Cognex Corporation Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Cognex Corporation in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Cognex Corporation is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 39.67 and Cognex Corporation (CGNX) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Cognex Corporation (CGNX) stock. Volume based technical analysis of Cognex Corporation (CGNX) stock is negative.

Cognex Corporation Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.